"Alerted.org

Credit Risk Analyst II

Corporate Risk

San Jose,

California

Hillsboro,

Oregon

NA,

California

NA,

Oregon

NA,

Washington

Phoenix,

Oregon

Description

About Us:

At Umpqua, we create a great place to work by offering a unique brand of relationship banking and fostering a culture where associates thrive. We are dedicated to supporting our customers and communities, and we can only achieve this through the dedication of our employees.

We value Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships, and we are eager to meet candidates who embody these core values. We are always on the lookout for results-focused individuals who can think independently, work collaboratively, and support our broader purpose.

Think of us as financial partners, because at Umpqua, we believe the best way forward is together. Together for people. Together for business. Together for better.

About the Role:

Support the efforts of Credit Risk Administration in identifying, measuring, and monitoring the Bank's credit risk to maintain sound and effective management of the Bank's credit exposures and comply with applicable regulations. Perform analytical practices and prepare reports, ensure compliance with regulatory mandates, implement, and maintain credit risk models and support data governance in adherence to the Bank's Credit Risk Management policies and regulations

+ Prepare recurring credit stress testing and portfolio reports for assigned portfolios as well as ad hoc credit risk analysis reports as requested by management.

+ Perform recurring credit risk and loss forecasting in accordance with CECL requirements for assigned portfolios. Prepare applicable documentation of the same.

+ Analyze scenarios affecting the risk exposure of assigned portfolios to identify emerging credit risk trends including loan-level probability of default and loss given default.

+ Maintain, use and, as appropriate, recommend improvements to assigned credit risk models and maintain a working understanding of the same.

+ Perform and document monitoring and validation of credit risk models owned by Credit Risk Administration as assigned, including stress test, CECL and dual risk rating models, according to required guidelines.

+ Responsible for testing, monitoring, validating and documenting, as needed, the quality of data used in the credit risk modeling process and partner with other business units and project teams to improve data quality as applicable.

+ Coordinate and work in cooperation with other departments who are dependent upon timely departmental deliverables for other bank purposes, such as capital planning or the ACL.

+ Develop procedures and applicable documentation related to assigned portfolios and models. Perform review and testing of the same.

+ Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities –

+ knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.

+ Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.

+ Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation

+ E, Bank Security and other regulations as applicable to this job description.

+ May be asked to coach, mentor, or train others and teach coursework as subject matter expert.

+ Actively learns, demonstrates, and fosters the Umpqua corporate culture in all actions and words.

+ Takes personal initiative and is a positive example for others to emulate.

+ Embraces our vision to become “Business Bank of Choice”

+ May perform other duties as assigned.

About You:

+ Bachelor’s degree in accounting, finance, business, economics or related field. Required

+ Master's Degree, or other advanced certifications. Preferred

+ 4-7 years of financial or risk-related analytical experience applicable to credit and loan portfolio risk assessment. Required

+ Possess working understanding of statistical methodology as applied to quantitative models. Experience with credit risk models preferred.

+ Possess working understanding of data systems, warehousing, and integrity issues as well as data transformations and logic. Knowledge of SQL code is a plus.

+ Ability to review, manipulate and analyze complex data sets.

+ Demonstrate excellent written and verbal communication and organizational skills.

+ Proficient with personal computers, MS Office (e.g. Word, Excel, PowerPoint), and other systems. Higher skill sets required for Excel, including strong proficiency with statistical and data set manipulation tools. Proficiency with statistical applications such as R or SAS preferred.

+ Ability to prioritize and manage multiple tasks successfully, be detail oriented and operate under scheduled deadlines.

**Job Location:** Ability to work fully onsite at posted location(s)

Within the Umpqua Bank Footprint:

CA, WA, OR, AZ, CO, UT

Our Benefits:

We offer a competitive total rewards package including base wages and comprehensive benefits. The pay range for this role is $80,000.00 to $110,000.00, and the pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation and those details will be provided during the recruitment process.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment to Diversity:

Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [email protected] .

To Staffing and Recruiting Agencies:

Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.